$1,299,900

508 Elliott St, Beverly, MA 01915

  • 8 beds |
  • 4 baths |
  • 3,984 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1909
  • Property Lot Size Icon9,148sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $326/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Outstanding investment opportunity in Beverly! This 4-family property offers four spacious two bedroom, one bath units with well designed layouts. A large level lot provides a spacious yard, ample parking and possible future opportunities. With below-market rents and strong upside potential, this is a prime value-add asset for investors, contractors, or owner-occupants looking to generate income. The property also presents an excellent condo conversion opportunity. Enjoy easy access to Route 128 and the MBTA commuter rail, making this a commuter-friendly location. Whether you're seeking steady cash flow or long-term appreciation on the North Shore, this is a rare chance to own a well-located, multi-unit building with room to grow. All this ideally located near downtown, shops, and restaurants.

Listing Status:
Active
Date Added:
August 16, 2025 at 05:00AM
Listing Office:
Keller Williams Realty Evolution : 978-927-8700
Listing Agent:
Salvatore DiMercurio : 978-304-6983
MLS ID:
73418850
  • Fireplace: Fireplaces: 0
  • Parking: Paved DriveOff Street
  • General: 4Stone
  • Originating MLS: MLS Property Information Network
  • County: Essex
  • Zoning: R10M:0017 B:0043 L:4183084
  • Water: Public
  • Sewer: Public Sewer
  • Source: MLS Property Information Network

This listing courtesy of Salvatore DiMercurio, Keller Williams Realty Evolution

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

A

Ayers/Ryal Side School

40 Woodland Ave, Beverly, MA, 01915

Grades KG-4

1.01 miles away

B

Beverly Middle School

502 Cabot St, Beverly, MA, 01915

Grades 5-8

1.18 miles away

B

Beverly High School

100 Sohier Rd, Beverly, MA, 01915

Grades 9-12

1.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.